The Mother of all Regressive Taxes

This giveaway to the ruling health insurance industry looks like it will end up being the mother of all regressive taxes. Workers earning between about $15000 and $30000 will be especially hammered by one of the World's most regressive taxes in history. If you earn nothing or almost nothing, you will probably be better off assuming you get Medicaid, although it is well known that Medicaid is substandard health care. But if you are truly poor, it appears that at least you won't be forced to spend yourself into future homelessness.

Lower income workers who know they are at risk for homelessness if they give all their money to the insurance companies would actually be very wise to simply refuse to pay the Worlds' All-Time Most Regressive Tax. If you end up homeless after paying huge sums to the health insurance mafia, your health will go to hell in a hand basket so fast that whether or not you have health insurance becomes beside the point.

I recently read a Medical Journal article about how quickly the health of homeless individuals goes south. Roughly speaking and on average, a homeless person ages almost a month for every day of homelessness.

Its getting to the point, with the economy collapsed and politics in the cess pool, that about the only thing left in America to hope for is the Chinese pulling the plug on the dollar and/or on boosting the prices of what they export. Both of these things appear to be inevitable, but it is very difficult to even estimate when they will happen. There are a lot of things like that in Economics: you know what is going to happen unless things radically change, but you can't accurately predict when.

But when things such as that happen, the economy will collapse even more completely than it has so far, and at that point only insane people will want to continue the failed system.

When the money becomes worthless, the whole country will have to "start from scratch," and only then will it be able to set up a health care system which is halfway decent. In the mean time, we have more misery, more preventable death, more bankruptcy, more unemployment, and many other scourges too numerous to mention to look forward to.

In such an environment you need to, as some have written here, derive your happiness from within yourself, and you need to get your sustenance from your family and your community. You can't be depending on a failed far right society to acknowledge your value and your accomplishments. Believe it or not, its possible for an individual to survive and be happy even in a failed society. Its tricky, but hardly impossible, or even all that difficult, if you are smart.

[The above is in response to this article.]